Lindbrook Capital LLC Sells 313 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Lindbrook Capital LLC cut its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,532 shares of the basic materials company’s stock after selling 313 shares during the period. Lindbrook Capital LLC’s holdings in DuPont de Nemours were worth $195,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Invesco Ltd. grew its holdings in DuPont de Nemours by 6.7% during the third quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock valued at $754,838,000 after purchasing an additional 639,246 shares during the period. International Assets Investment Management LLC grew its stake in shares of DuPont de Nemours by 9,558.5% during the 4th quarter. International Assets Investment Management LLC now owns 285,118 shares of the basic materials company’s stock valued at $21,934,000 after acquiring an additional 282,166 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in DuPont de Nemours by 210.3% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 350,840 shares of the basic materials company’s stock worth $26,169,000 after acquiring an additional 237,770 shares in the last quarter. Payden & Rygel Investment Group bought a new stake in DuPont de Nemours during the 3rd quarter worth approximately $15,104,000. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of DuPont de Nemours in the third quarter worth approximately $11,213,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

DD has been the topic of several recent analyst reports. Citigroup raised their price objective on shares of DuPont de Nemours from $73.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, April 10th. TheStreet lowered DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. BMO Capital Markets cut DuPont de Nemours from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $80.00 to $72.00 in a research report on Wednesday, January 24th. StockNews.com raised DuPont de Nemours from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. Finally, Bank of America lowered shares of DuPont de Nemours from a “buy” rating to an “underperform” rating and increased their price objective for the company from $78.00 to $80.00 in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $77.90.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of DuPont de Nemours stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the transaction, the insider now directly owns 15,587 shares of the company’s stock, valued at $1,134,733.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is currently owned by insiders.

DuPont de Nemours Trading Up 0.0 %

Shares of DD opened at $73.91 on Tuesday. The stock has a market capitalization of $30.90 billion, a PE ratio of 79.47, a P/E/G ratio of 2.44 and a beta of 1.40. The company’s fifty day moving average is $72.76 and its 200 day moving average is $72.12. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.73 and a current ratio of 2.43. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $78.74.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The firm had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The business’s revenue was down 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 EPS. Sell-side analysts expect that DuPont de Nemours, Inc. will post 3.49 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, May 30th. DuPont de Nemours’s dividend payout ratio is currently 163.44%.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.